Entity Owned Property summary
The property is a 12,490-square-foot building constructed in 1996, originally built for Iron Mountain Data Storage, with climate and humidity control throughout. The interior includes 9,650 square feet of warehouse space and 2,840 square feet of office space. The warehouse has a clear height that varies from 12 feet 9 inches to 17 feet 6 inches and is served by three drive-in doors measuring 12 feet by 12 feet 6 inches. An enclosed concrete truck court is included, and the site covers a 2.21-acre lot with expansion potential. The property is located in an established neighborhood near retail and is approximately 10 minutes from Cleveland International Airport.
Property profile
VerifiedCap rate & NOI
Current use
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Storage Facility
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Research-Development, Commercial Service, General Industrial and Aviation Field Districts and their regulations to provide, in appropriate and convenient districts, sufficient areas for carrying on research, providing co…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
RD · Strongsville, OHResearch-Development, Commercial Service, General Industrial and Aviation Field Districts and their regulations to provide, in appropriate and convenient districts, sufficient areas for carrying on research, providing co…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
Research-Development, Commercial Service, General Industrial and Aviation Field Districts and their regulations to provide, in appropriate and convenient districts, sufficient areas for carrying on research, providing co…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for RD in Strongsville, OH.
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